₦airaland Forum

This is like failing an exam and suing your lecturer

Telecommunications firm, MTN Communications Limited has taken the Central Bank of Nigeria (CBN) and the office of the Attorney General of the Federation (AGF) to court.

The move according to the firm was in order to protect MTN Nigeria’s assets and shareholders’ rights within the confines of Nigerian law. The firm will, however, continue to dialogue with the relevant authorities.

Here is the statement as sent by the company:

Further announcement regarding Central Bank of Nigeria (CBN) and the Attorney General of the Federal Republic of Nigeria (AGF) matters and renewal of cautionary announcement.

As previously disclosed the CBN has alleged improper dividend repatriations by MTN Nigeria Communications Limited (MTN Nigeria) and requested that $8.1 billion be returned “to the coffers of the CBN” whilst the AGF has alleged unpaid taxes on foreign payments and imports and that approximately $2.0 billion in relation to these taxes be paid to the Federal Government of Nigeria (and now directed that the payment of the $8.1 billion is dealt with through his office rather than as directed by the CBN).

MTN Nigeria has denied these allegations and claims. Furthermore, four commercial banks were issued fines in respect of the administration of the CCI and irregular dividend repatriation matter and requested to return, in aggregate, the same $8. 1 billion.

In order to protect MTN Nigeria’s assets and shareholder rights within the confines of Nigerian law, we have applied today in the Federal High Court of Nigeria for injunctive relief restraining the CBN and the AGF from taking further action in respect of their orders, while we continue to engage with the relevant authorities on these matters.

We remain resolute that MTN Nigeria has not committed any offences and will continue to vigorously defend its position.

We will provide further information as and when available. Shareholders are accordingly advised to continue to exercise caution when dealing in the Company’s securities until a further announcement is made.

Source : https://nairametrics.com/mtn-takes-central-bank-of-nigeria-and-agf-to-court-over-back-taxes-and-repatriation/

Horrible way to die..

Either he is really unstable or someone influenced him to kill him due to power tussle.

GoldHorse:
Watching movies and... wetin na? Wetin those 10 multiplication signs mean? Una dey do plenty maths after watching movies? Me ayam nut understanding o...

my brother, after those weekends maths eh I always dey lose weight . Division, Addition, Subtraction... Math na work I swear

Here's a toast to my Exs

Chioma : My NYSC babe. She was lively and crazy. No dull moment with her. Everything about her was fun fun fun..... But she can vex too.

Happiness : This one was a typical warri girl. Gra Gra girl. From outing to clubbing. God delivered me. Last last She is now a babymama

Ifeoluwa : my 2016 Lagos GF... Verryyyyy caring and understanding. Have never seen her angry. I just felt she was too good for me.

Hilra : My only Northern girl Ex. This girl na wife material 100000 yards... Cooks, sew, bakes. She is now married to one Alhaji.

Esther : My Calabar GF. Joke aside, na from this girl I confirm say Calabar ladies are SKILLFUL, both in the kitchen and in the "Other side". I miss all the weekends of just being indoors eating, watching movies and **********

Others too numerous to mention, I miss you all

OttHin:
This one is still doing soda soap.

Vanity... These things are overrated. Just some accumulated fatty tissues with a hole for waste expulsion

What else is there?

And that what some people will waste their lives on.

jamesbawa:
boss, I have blurry vision in my left and right eye... but its worse in the left eye that even glasses don't seem to help... glasses help the right eye but not perfectly .... I've had this for as long as I can remember... I'm now 21 and I'm really sad and depressed... can anything be done for the left eye or am I doomed to go blind?
rexbuton
drsteriod
rexbuton
Optom
jauntty
optm
lademinus
algorithm.
help!!!!

Where is your location

masterchi:
email me ireviewplace@gmail.com

Email you about what exactly?

Thanks everyone

Gracia

My village people strongly thinks Igbos eat humans

That Youruba women are promiscuous

That Hausa girls can't cook

That Bini women are extremely wicked

But me think My people are wrong

Why is the OP crying more than the bereaved!!

Did she complain??

Bia, mind your business oo

You don't consider break up

Then why bother seeking advice!!!

Go and marry na. Bear the consequences.

You will just add the Nigeria's problems

Fear women!!!!!

Our Railway system needs a lot of upgrading and infrastructural investment.

I finally took a train yesterday... Aba to PH... Quite an experience

No VIP section
Overcrowded
Hawkers everywhere inside the train.... From palmwine, Abaacha, snacks, even bushmeat.

We need to sanitize and modernize the operations.

Orazi is peaceful

Thought provoking piece

This is both sad and funny

I always tell my Patients

If you need medical advice, go to the hospital
If you need spiritual advice, go to your Pastor

Don't get it twisted, a pastor is in no position to cure or rehabilitate a mentally challenged patients...

But as usual, we blame the Devil for everything in this country, so prophets and pastors always claim to have all the solutions

#Rubbish

Tell him...... Even though his ear infection might not allow him to hear you

And the Winner is


EFE...Mr Logistics

Men dey vex

Loool

Codeine just got more Expensive

Awon science students

NAFDAC lack the capacity and manpower to effectively monitor drug use in Nigeria.... Let's not deceive ourselves

Hmmm

Good

Most girls in PH double and triple Date and even have multiple Bfs...

Come around Casablanca at Night, you might run into your GF eating fish and suya with another guy...

Abeg the guy would have just chilled, get another girl and move on.

Instead of focusing on making money, he is there forming monitoring spirit over a girl.


#Rubbish

Bros snub her and concentrate on making your money

ayogabriel:
Charlies on stadium road, if expensive, try stadium it self, every day people are always their. Of course no iron to carry

Thanks Boss

ayogabriel:
Where is your location?

Orazi, close to Rumuola

xtophy:
jauntty vnJBmVQA4ezL

what gibberish is this